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Large telco’s shareholders decided to spin-off non-specialized local area networking business.

Business-develop and launch the specialized business, formalize core business processes, consolidate assets in special purpose vehicle (SPV) company, make the legal body ready for the future sale.

  • Core business processes have been specified, governance structure developed.
  • Human resource transfer was arranged from the mother-company’s non-specialized subdivisions.
  • New staff have been recruited.
  • Some client’s projects have been transferred into the new business’s area of responsibility.
  • Target customer groups have been specified, sales and marketing of the new company launched.
  • Staff motivation system was introduced.
  • Self-sufficient business has been spun-off and reached profitable operations in the second year since the beginning of the project.
  • On the third year of operations one of the shareholders proceeded to the new business buy-out.